Aviation Fuel Market size was valued at US$ 90.75 Bn. in 2021 and the total Aviation Fuel revenue is expected to grow by 16.5% from 2022 to 2029, reaching nearly US$ 307.93 Bn.
Aviation Fuel Market Overview
The Aviation Fuel Market study includes ever-changing trends, the industry environment, and all of the market's leading elements. The research approach was used to investigate the Aviation Fuel industry, and the results have been logically presented in the report.
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Aviation Fuel Market Report Scope and Research Methodology
The global Aviation Fuel Market report covers a brief analysis of drivers, restraints, product developments, technical advancements, market opportunities, restrictions, growth strategies, and market prospects. The report offers an in-depth analysis of the Aviation Fuel industry, including key figures such as market size, market share, revenue growth, and CAGR for the forecast period (2022 to 2029). The analysis by MMR focuses on the most important data on regional Aviation Fuel market share. The research also includes a full geographical analysis of the Aviation Fuel industry, highlighting the industry’s growth potential and market hurdles in each of the regions with the list of key players in the industry. The bottom-up approach was used to estimate the Aviation Fuel market size. SWOT analysis was employed to provide the strengths, weaknesses, opportunities and threats in the Aviation Fuel industry.
Aviation Fuel Market Regional Insights
Geographically, the report is segmented into several key countries, with Aviation Fuel market size, growth rate, import and export of Aviation Fuel market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.
Aviation Fuel Market Segmentation
The commercial aircraft segment is anticipated to expand by end-user over the forecast period at a CAGR of 8.3%. As international air passenger travel rises, commercial aircraft are anticipated to dominate the aviation fuel sector and generate about USD 145 billion by 2029. Expanded transit routes and improved living standards are what are driving the segment share. A significant indicator of the sales of aviation fuel is the fact that aircraft manufacturers are focusing on boosting airplane manufacturing to satisfy increased demand.
The demand for aircraft, such as the B737 and B787, is rising in the aerospace business. The desire to fly increases along with disposable income. Rising air passenger traffic in developing countries helps such countries generate more money. Industry participants are focusing on using innovative design and powerful engines to reduce airplane weight.
For instance, according to the Association of Asia Pacific Airlines, the region's airlines collectively transport over 20.5 million tons of cargo and almost 1,200 million people per year. The demand for aircraft has increased as a result of the rising population in nations like China and India as well as the availability of more advanced, affordable, and convenient aircraft.
1 Global Aviation Fuel Market, by Fuel Type (2021-2029)
• Air Turbine Fuel
• Aviation Biofuel
• AVGAS
2 Global Aviation Fuel Market, by End-User (2021-2029)
• Commercial
• Defense
• General Aviation
3 Global Aviation Fuel Market, by Aircraft Type (2021-2029)
• Fixed Wings
• Rotorcraft
• Others
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Aviation Fuel Market Key Players
• Exxon Mobil Corporation
• Chevron Corporation
• Shell Plc.
• TotalEnergies SE
• BP Plc
• Gazprom Neft' PAO
• Neste Oyj
• Swedish Biofuels AB
• Red Rock Biofuels LLC
• Abu Dhabi National Oil Company
• Bharat Petroleum Corp. Ltd.
• Indian Oil Corporation Ltd.
• Emirates National Oil Company
• Valero Energy Corporation
• Allied Aviation Services Inc.
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Key Questions answered in the Aviation Fuel Market Report are:
- Which region holds the maximum share in the Aviation Fuel market?
- What is the expected CAGR of the Aviation Fuel market during the forecast period?
- Which application segment emerged as the leading segment in the Aviation Fuel market?
- What key trends are expected to emerge in the Aviation Fuel market in the coming years?
- Which factor is contributing to the final price of the Aviation Fuel?
- What is the expected Aviation Fuel market size by 2029?
- Who are the Aviation Fuel key players in the industry?
- Which company held the largest share in the Aviation Fuel market?
Key Offerings:
- Past Market Size and Competitive Landscape (2017 to 2021)
- Past Pricing and price curve by region (2017 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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